Saudi Arabia, Indonesia sign several deals worth around $27 billion

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Saudi Crown Prince Mohammed bin Salman receives Indonesian President Prabowo Subianto at Al-Salam Palace in Jeddah on Wednesday. (SPA)
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Saudi Crown Prince Mohammed bin Salman receives Indonesian President Prabowo Subianto at Al-Salam Palace in Jeddah on Wednesday. (SPA)
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Saudi Crown Prince Mohammed bin Salman receives Indonesian President Prabowo Subianto at Al-Salam Palace in Jeddah on Wednesday. (SPA)
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Indonesian President Prabowo Subianto. (SPA)
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Updated 03 July 2025
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Saudi Arabia, Indonesia sign several deals worth around $27 billion

  • Prince Mohammed and Prabowo chaired the first meeting of the Saudi-Indonesian Supreme Coordination Council on Wednesday

RIYADH/CAIRO: Saudi Arabia and Indonesia signed several deals and memos of understanding worth around $27 billion between private sector institutions in several fields including clean energy and petrochemicals, the Saudi Press Agecny reported.

Saudi Crown Prince Mohammed bin Salman received Indonesian President Prabowo Subianto at Al-Salam Palace in Jeddah on Wednesday.

The two sides also agreed to bolster cooperation in the supply of crude oil and its derivatives, improve supply chains and their sustainability in the energy field and strengthen cooperation in the field of mineral resources, the Saudi state news agency said.
Trade between the two counties amounted to around $31.5 billion in the last five years, according to SPA.

The two leaders held an official session of talks during which they discussed Saudi-Indonesian relations and cooperation in various fields. Ways to develop and strengthen them were also reviewed, SPA said.

Regional and international developments and efforts made with regard to them were also discussed by the leaders.

Prince Mohammed and Prabowo also chaired the first meeting of the Saudi-Indonesian Supreme Coordination Council after which they signed the minutes of the meeting.

Prabowo’s visit is his first official trip to Saudi Arabia since taking office.


Jeddah Astronomical Society explores International Space Station’s legacy 

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Jeddah Astronomical Society explores International Space Station’s legacy 

  • ISS ‘one of the most enduring achievements of the space age,’ society president says 
  • Structural pressures mount as space station nears end of 27-year mission

RIYADH: The International Space Station is nearing the end of its operational life, with NASA planning to conclude the station’s missions and deorbit it into the Pacific Ocean in early 2031. 

Jeddah Astronomical Society president Majed Abu Zahra said a US deorbit vehicle, under development by SpaceX, is expected to guide the ISS toward a controlled reentry over the Pacific Ocean after operations conclude in 2030. 

Since the launch of its first module in 1998, the ISS has been in continuous operation, a familiar sight in the night skies, and a landmark of human cooperation in space. 

Abu Zahra said the effort will signal a carefully managed end to an era that has shaped spaceflight and microgravity research, the Saudi Press Agency reported on Sunday. 

Over more than two decades, agencies from the US, Europe, Russia, Canada, and Japan have worked together, supporting crewed missions, maintaining systems, and conducting thousands of experiments in orbit. 

More than 260 astronauts from around the world, including several from Saudi Arabia, have visited the station, contributing to a legacy of global collaboration in science and exploration. 

Abu Zahra said that the ISS is now facing significant structural and financial pressures. 

The station has remained operational far beyond initial expectations. It was originally designed to operate for about 15 years, but has now been in orbit for 27 years. 

Mounting technical and maintenance challenges are affecting key systems on board, with some experiencing technical problems, while micrometeoroids have damaged outer surfaces and air leaks have appeared over time, he said. 

Abu Zahra added that annual expenses have risen to more than $3 billion, a major factor behind NASA’s decision to redirect resources toward other priorities, including programs focused on exploring the Moon and Mars. 

Abu Zahra said the farewell to the ISS should not be viewed solely as a scientific or technical milestone. 

Rather, it represents the end of a period of global human cooperation on an unprecedented scale, as space agencies have worked together for decades despite political differences — one of the most enduring achievements of the space age.